Sean Gambino is set to depart from Eisler Capital less than two years after joining the $4 billion multi-strategy firm. Gambino, who joined Eisler in mid-2022, is transitioning to establish his own management venture. His move contrasts with the trend of investors shuttering smaller firms to unite with larger multi-strategy funds, enticed by significant payouts and diminished compliance and technology challenges.
Previously overseeing Heron Bay Capital in Stamford, Connecticut, for seven years, Gambino brings experience from roles at Schonfeld, BGC, and Schottenfeld. While details about his new fund remain limited, it is confirmed that Eisler will provide support to the nascent venture.
Despite losing a portfolio manager in the early months of 2024, Eisler’s team has substantially expanded, boasting 60 portfolio teams—an increase of 50% since the beginning of 2023. Operating from 10 offices across Europe and the U.S., Eisler achieved a 9.8% return in 2023.